Filed under: Uncategorized | Tags: Alberta, British Columbia, CNOOC, energy, Greenbirch, oil sands, PetroChina, Sinopec, tar sands
Adding to their already massive holdings in Alberta.
Via Rigzone: http://www.rigzone.com/news/article.asp?a_id=114805&hmpn=1
Filed under: Uncategorized | Tags: Estonia, kerogen, minimal surface disturbance, oil shale, open pit mining
These are the same people who claim “minimal surface disturbance.”
From Google Earth.
And here’s one of those areas from about 100,000 feet:
Filed under: Uncategorized | Tags: cost per foot, drilling costs, drilling rigs, EIA, energy, oil production costs, peak oil, production costs
Cost per foot of oil wells, United States. Stunning chart.
From EIA: http://www.eia.gov/dnav/pet/hist/LeafHandler.ashx?n=PET&s=E_ERTWO_XWPN_NUS_DF&f=A
Filed under: Uncategorized | Tags: Calculated Risk, cash for clunkers, SAAR, seasonal adjusted sales
A dagger in the heart of Peak Demand?
From http://www.calculatedriskblog.com/2012/02/us-light-vehicle-sales-at-1418-million.html
Filed under: Uncategorized | Tags: American Petroleum Institute, kerogen, oil shale, Royal Dutch Shell, Shell
Hey, with “the right policies,” we can make this resource available to Royal Dutch Shell. “Right policies” would include taxpayer subsidies and environmental de-regulation. Then they can sell 100k bpd or so. Never mind that it could very well take over 100k bpd equivalent to make 100k bpd of oil out of Colorado kerogen. And there is no water available to do anything, let alone process “oil shale.” But with the “right policies” … anything is possible.
Note — “oil shale” is not “shale oil.” “Oil shale” is not oil and usually not shale either.